…to follow sales down from their peak: Here is a re-run of the graph I posted last week, showing the differing trajectories of new vs. existing home sales, showing that…

…The story was similar as to construction. Nominally total spending declined -0.2% in March, and was down -0.8% from its recent December peak. The more leading residential construction component declined…

…single peak, nor must it peak symmetrically at whatever value maximizes tax revenue. . .” The Laffer Curve Kevin Drum has a post up linking to an article claiming that…

…increased to a peak of higher by 5.7% in February, followed by 4.8% In March, and rebounding to a 5.6% YoY increase in April: As I wrote yesterday, this affects…

…abandoned. This suggests that crime should peak later in Europe. I promise that I predicted that violent crime was about to peak in the UK 20 years after they required…

…peak by 20% to be consistent with a recession. Their three-month moving average is about 13% off peak, which still indicates weakness, but no recession signal. Turning to construction, total…

…of 8.059 million (vs. a pre-pandemic peak of 7.594 million). Actual hires (red) rose 23,000 from an upwardly revised March to 5.640 million (vs. a pre-pandemic peak of 6.0 million)….

…Case Shiller index is up 6.3%, down from its February peak of 6.6%. The FHFA Index is also up 6.3% YoY, down from its February peak of 7.2%. In other…

…a soft statistic that is polluted by imaginary, permanent, and trolling listings, rose 221,000 from its downwardly revised post-2020 April low to 8.140 million (vs. a pre-pandemic peak of 7.594…

…enrollees in OEP 2024) can enroll year-round, Average Monthly Enrollment as a percentage of initial enrollment during OEP continues to rise. In 2016 — the year of peak OEP enrollment…